Cuggino on Safe Havens (but mostly Gold)

Discussion of the Gold portion of the Permanent Portfolio

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dualstow
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Cuggino on Safe Havens (but mostly Gold)

Post by dualstow »

In fact, of all the so-called safe havens, this San Francisco-based money manager sees the most value in gold right now, as it is slumping to levels not seen since July.
"People say (gold) is no longer relevant, there's no inflation, there's no need for it," he states. "But I would argue the other way. I think that this environment is tailor-made for a long term investment in gold."
http://finance.yahoo.com/blogs/breakout ... 26638.html
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Benko
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Re: Cuggino on Safe Havens (but mostly Gold)

Post by Benko »

I like the first comment:

"Since so many experts say gold is dead, I am buying!"
It was good being the party of Robin Hood. Until they morphed into the Sheriff of Nottingham
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